- Yi: + 42.12
- Attempting to bottom out: CBRL
- Oversold: BAL, HD
- Moderately oversold: UNG, USOI, WEAT
- Trying to hold some rising trend line support: CANE
- Up against the 65: GIS
- Up against the 28: GILD, MRK, O, T, TSLA, TWTR
- Up against some falling trend line resistance: MAIN, TSLA
- Moderately overbought: BGS
- ABOEWISUF: AVAV
- Anything posted may be in error.
For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
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